North Georgia Gal's Financial Awakening

Trying to Make Smarter Decisions Day by Day

Where to Begin...it is hard to believe that it has been 9 years since I started this Blog. You guys have always been here supporting me and cheering me on.

I am in the process of refinancing my LOC into a mortgage, rolling my credit card debt into it. Will probably then close all of my credit cards after that.

I still have my budget in place for a couple of months out, but I still have to make changes to it.

I hope to sell my house in about 6 months, and move closer to my kids, about an hour away. I will still commute to work because it would only be about 40 minutes. But this can't happen until my responsibility to my mom is done, she is close to moving in with my niece, but who knows when that will happen.

Archive for January, 2009

My son turns 16 next month. I called today to find out what that will do to our premiums. Once the initial shock wore off, I came up with some different options that doesn't make the increase too bad. My son is going to be paying the insurance, but he needs a number he can handle!

So...if I reduce the coverage on my vehicle which is paid off to liability only, but raise the rate of liability coverage(due to a young driver), there is only a $40 increase per month. This is probably the best option. However, I lose my roadside assistance and comprehensive. I haven't reduced the coverage simply because I was worried about something happening to the car. If the car was totaled and it was my fault, than I would need the money that the insurance would pay under full coverage to replace the vehicle. Make sense?

I just spent an hour on the phone with the insuance agency going over all the different options. I don't know if I absorbed it all. My head is swimming trying to figure it all out!

I have spent this morning updating my pages. The credit card balance page and the monthly goal tracking page are both up to date with the most current balances and information. Things are looking good. I am glad that I have updated the information. It will help me be able to look back at the payments and see the progress made.

Today is a NSD, second one in a row! My friend and her children are coming over for dinner - DH made broccolli and cheese soup. YUM! DOn't intend on leaving the house.

I resisted the call of the donuts this morning! I really wanted donuts. And when I went to pick up my daughter, I thought I might stop and get some. But I resisted!!! I came home instead and got a bowl of cereal!

Today was a NSD. Yea!

I re-configured the budget yesterday. It looks like I will be back on track by the end of January. But, I have cut it close the next two weeks. So any extra spending will definately throw it off whack again. Wish me luck!!